noun ·3 syllables ·Rare ·Advanced level

Definitions

Noun

1. 1
   A payment in advance.
2. 2
   payment in advance wordnet
3. 3
   An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

Synonyms

All synonyms

acquittaladvanceadvanceadvance paymentamortizationbinder

Antonyms

All antonyms

accrualinvoiceslate paymentlate payoff

Etymology

From pre- + payment.